Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Monday, Jun 17, 2019
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
Sameer smeared? [26]
Sameer Africa HY18 [6]
KenyaRe FY19 - FY23 (Both Inclusive) [201]
Kenya Airways...why ignore.. [12913]
Centum HY 2018/2019 [67]
STOCKS TO BUY by yaserbigchair [149]
Atlas Development and Support Services listing in ... [98]
Buying stocks in tandem with the dividends calenda... [6]
KCB and NBK material announcement [95]
1/4 Acre for Sale - Nkoroi [8]
Elliott Wave Analysis Of The NSE 20 [3136]
Eye on I&,M ... [108]
Low End Housing: High Risk, High Return [329]
Bitcoin: Does it have a future ? [1091]
Equity Bank FY 2018 net profit up 5% [45]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

3 Pages<123
Kenya Re FY 2018
AndyC
#41 Posted : Friday, April 12, 2019 11:14:22 AM
Rank: Member


Joined: 4/21/2015
Posts: 103
Ebenyo wrote:
mulla wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/news/Ex-Kenya-Re-boss-fined-Sh15m-for-fraud/539546-5065108-g2yuf7/index.html

The anti-corruption court has slapped a former director of Kenya Reinsurance Corporation (Kenya Re) with a fine of Sh15.2 million after was found guilty of stealing Sh7.26 million.

Mr Johnson Jackson Githaka is also staring at a two-year jail term in case he fails to pay the fine.

The court found that Mr Githaka fraudulently obtained Sh7.26 million paid by United Insurance Corporation to Kenya Re.

Applause Applause some progress in this fight against corruption......



He should return the 7.26 million to kenyare and the balance to courts.that will be fair.


Fairness is paying more than he stole. Time adds value to money. Even thieves should invest wisely coz when caught more will be required from them.
Ebenyo
#42 Posted : Friday, April 12, 2019 1:34:53 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,624
Location: Kitale
AndyC wrote:
Ebenyo wrote:
mulla wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/news/Ex-Kenya-Re-boss-fined-Sh15m-for-fraud/539546-5065108-g2yuf7/index.html

The anti-corruption court has slapped a former director of Kenya Reinsurance Corporation (Kenya Re) with a fine of Sh15.2 million after was found guilty of stealing Sh7.26 million.

Mr Johnson Jackson Githaka is also staring at a two-year jail term in case he fails to pay the fine.

The court found that Mr Githaka fraudulently obtained Sh7.26 million paid by United Insurance Corporation to Kenya Re.

Applause Applause some progress in this fight against corruption......



He should return the 7.26 million to kenyare and the balance to courts.that will be fair.


Fairness is paying more than he stole. Time adds value to money. Even thieves should invest wisely coz when caught more will be required from them.



Laughing out loudly Laughing out loudly
Towards the goal of financial freedom
VituVingiSana
#43 Posted : Monday, April 15, 2019 7:30:32 AM
Rank: Chief


Joined: 1/3/2007
Posts: 15,892
Location: Nairobi
Insurers in first loss from underwriting in 11 years
https://www.businessdail...71230-lsqoou/index.html

Congrats to KenyaRe which made an underwriting profit in a very tough year.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ebenyo
#44 Posted : Monday, April 15, 2019 2:28:07 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,624
Location: Kitale
VituVingiSana wrote:
Insurers in first loss from underwriting in 11 years
https://www.businessdail...71230-lsqoou/index.html

Congrats to KenyaRe which made an underwriting profit in a very tough year.



The serious problem with kenya re is Gok poor management.
Towards the goal of financial freedom
Users browsing this topic
Guest
3 Pages<123
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2019 Wazua.co.ke. All Rights Reserved.